Campus Units

Economics, Electrical and Computer Engineering, Mathematics

Document Type

Conference Proceeding

Conference

2010 IEEE Power and Energy Society General Meeting

Publication Version

Submitted Manuscript

Link to Published Version

http://dx.doi.org/10.1109/PES.2010.5588174

Publication Date

2010

Journal or Book Title

Proceedings of the IEEE Power and Energy Society General Meeting

DOI

10.1109/PES.2010.5588174

Conference Title

2010 IEEE Power and Energy Society General Meeting

Conference Date

July 25-29, 2010

City

Minneapolis, MN

Abstract

Abstract: Short-term prediction of system variables with respect to load levels is highly important for market operations and demand response programs in wholesale power markets with congestion managed by locational marginal prices (LMPs). Previous studies have conducted local sensitivity analyses for LMPs at specific system operating points. This study undertakes a more global analysis of system variable sensitivities when LMPs are derived from DC optimal power flow solutions for day-ahead energy markets. The possible system states are first partitioned into subsets (“system patterns”) based on relatively slow-changing attributes. It is next established analytically that there is a fixed linear-affine mapping between bus load patterns and corresponding system variables, conditional on a particular system pattern. It is then explained how this global piecewise linear-affine mapping can be used to predict system patterns corresponding to forecasted load patterns, hence also dispatch levels, LMPs, and line flows. A 5-bus case study is used to illustrate the accuracy of the proposed prediction method.

Comments

© 2010 IEEE. Personal use of this material is permitted. Permission from IEEE must be obtained for all other uses, in any current or future media, including reprinting/republishing this material for advertising or promotional purposes, creating new collective works, for resale or redistribution to servers or lists, or reuse of any copyrighted component of this work in other works. DOI: 10.1109/PES.2010.5588174

Copyright Owner

IEEE

Language

en

File Format

application/pdf

Published Version

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